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Senior Internal Audit Manager

London

🚀 We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking.

After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as personal and business bank accounts, we offer joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us. 

With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers!

We’re not about selling products - we want to solve problems and change lives through Monzo ❤️

Hear from our UK team about what it's like working at Monzo ✨

 

📍London or Remote UK | 💰circa £90k+ Benefits | Hear from the team ✨

⭐Our Internal Audit team

Internal Audit is Monzo’s Third Line of Defence, and we’re here to help Monzo grow safely.  We’re looking for a passionate Senior Internal Audit Manager to help cover Monzo’s Finance, Borrowing and Payments related risks.  

You’ll be working alongside an Internal Audit Manager and report into the Head of Internal Audit for Finance, Borrowing and Payments.     

🔑You’ll play a key role by...

  • Delivering a flexible internal audit plan in Finance, Borrowing and Payments, in accordance with internal audit methodologies and the IIA Standards.
  • Being a key member of the team, helping to set the strategy and vision.
  • Supporting the Head of Internal Audit with overseeing Internal Audit Managers (and co-source support) in the delivery of the Finance, Borrowing and Payments portfolio.
  • Representing Internal Audit on key governance forums.
  • Building strong relationships with various stakeholders, across numerous collectives.
  • Embedding the use of data as part of our core internal audit processes (risk assessment and planning, audit execution, continuous monitoring). 
  • Objectively assessing and reporting on management's risk awareness (attitude and approach taken by all levels of management).
  • Supporting the documentation of Audit Committee Reporting and other formal governance forums.

🤩 We’d love to hear from you if…

  • Are an experienced Senior Internal Audit Manager level professional (minimum 8 years) who has worked in fast moving environments with developing risk and control frameworks.
  • Have extensive knowledge and experience in providing assurance across key Finance and Borrowing domains: Core Financial Controls Framework, Regulatory Reporting, Credit Risk, Expected Credit Losses / IFRS 9, Liquidity and Funding Risk, Capital Management, Tax, Treasury (front and back office activities).
  • Are comfortable with general Payment’s principles from a risk perspective.
  • Are a skilled relationship developer with the ability to effectively challenge and influence senior management on internal audit / risk matters.
  • Have experience in people management, supporting peers and leading high performance teams to meet deadlines. 
  • Proficient in data analytics and interpreting data - with practical experience using SQL. 
  • Have a clear understanding of the commercial view and the business performance dynamics vs risk management.
  • Embrace continuous learning and development and be able to work within complex and dynamic settings, both anticipating as well as responding to change. 
  • Have a strong understanding of IIA standards. 
  • Have a relevant qualification (IIA, ACCA, ACA, CPA or CFA).   

🙌What’s in it for you

💰 Circa £90,000 salary dependant on experience ➕ stock options ➕ benefits 

✅ We can sponsor visas.

📍This role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London).

⏰ We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.

📚 Learning budget of £1,000 a year for books, training courses and conferences

➕ And much more, see our full list of benefits here

If you prefer to work part-time, we'll make this happen whenever we can - whether this is to help you meet other commitments or strike a great work-life balance.

🌈 The application journey has 4 key steps

  • Call with our Hiring Team
  • Role Specific Interview
  • Behavioural Interview
  • Call with our Chief Internal Auditor

Our average process takes around 2-3 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions ahead of this please contact us on business-hiring@monzo.com.

#LI-DH1

Equal opportunities for everyone

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2023 Diversity and Inclusion Report and 2024 Gender Pay Gap Report.

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.

If you have a preferred name, please use it to apply. We don't need full or birth names at application stage 😊

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We legally have to verify your Right to Work in the UK before you can start working for us. We're asking for this information now so we know later what type of right to work check we need to do. Your answer to this question won't affect the outcome of your application, unless you'd need visa sponsorship but are applying to a role we can't sponsor.

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Our goal at Monzo is to make money work for everyone. To do that, working at Monzo must work for everyone. We want to create an equitable, engaged and innovative workplace which gives people from all backgrounds the support they need to thrive and grow. 

Making Monzo work for everyone starts right at the beginning of every Monzonaut's journey: when they apply to work here. This demographic survey will help us better understand the people who apply to work at Monzo. It'll help us see how different groups progress through our hiring process, and where we need to make improvements to be more inclusive. If you choose to fill it out, all of the information you give us is:

  • Voluntary. And we've included a "prefer not to say" option for every question. It'd be helpful if you still fill out the survey even if you choose "prefer not to say" for every question, as it's useful for us to understand & record this. We won't know if you choose to fill this survey in or not.
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For more information on how we'll use this data, please read our candidate privacy notice.

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